ADP Acquires Randstad’s Indian Payroll Business

Automatic Data Processing has acquired Randstad Holding’s Indian payroll business for an undisclosed sum to access the high-growth human resource business process outsourcing markets. Randstad’s Indian payroll business is handled by its subsidiary Ma Foi Consulting Solutions—which offers managed payroll services and social benefits administration to approximately 350 multinational and domestic clients—and has a team of around 200 associates.

The four-week rolling average for staffing employment edged up from 99.2 in October to 99.4 in November, rising to the highest value for any month in nearly three years, according to the ASA Staffing Index. Temporary and contract staffing employment in November was 1.6% higher than the same month last year. Read more about the... See the Staffing Stat ›

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